Stock Basics: 3 Different Types of Stock
The majority of stock is common stock, but there are two other types as well.
1.Common
- Traded by the general public (i.e. on NYSE, NASDAQ, Dow Jones)
- Executed quickly
2. Preferred
- You either have to pay more to get it or you have to be part of the company to get it
- If the company folds preferred stock gets paid before common stock
3. Unlisted
- Can be common or preferred, but it isn’t traded on the exchanges
- It can be traded within a company